According to a recent LinkedIn post from Casap, the company is drawing attention to a sharp rise in first-party fraud, citing a jump from 15% of all reported fraud in 2023 to 36% in 2024. The post references survey work with Cornerstone Advisors covering more than 400 U.S. bank and credit union executives, suggesting growing concern about fraud trends.
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The LinkedIn post highlights that two-thirds of surveyed financial institutions expect fraud losses to increase again in 2026, and nearly half of bankers reportedly lack clear metrics on how effectively their tools catch false claims. It also notes that 46% of executives now view consumer fraud as a top concern, up from 33% two years ago, indicating an elevated risk environment for retail-focused financial institutions.
As shared in the post, 75% of respondents see agentic AI as a viable path forward for fraud detection, while 42% are unsure how to begin implementing such tools. For investors, this may signal a growing addressable market for advanced fraud-detection solutions and potential technology spending tailwinds, particularly for vendors positioned around AI-based risk and operations platforms.
The post promotes Casap’s “What’s Going on in Fraud 2026” report and emphasizes that many current fraud tools were not designed for the current threat landscape. If Casap’s technology and consulting offerings align with these emerging needs, the heightened industry concern referenced in the survey could translate into increased demand, potentially strengthening the company’s competitive standing in financial services risk management.